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Pi Coin’s next move: Can it hit $100 and beyond?

Updated at : 2025-02-24 16:25:03

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Pi Network launched its Open Mainnet on February 20, 2025, marking its shift to full decentralization. Pi Coin saw significant price fluctuations, reaching $1.97 before dropping and rebounding. As of February 24, 2025, it trades at $1.55. Analysts are divided on whether Pi Coin can reach $100 or even $500, with challenges in adoption and regulatory approval.

The draft circular s proposal to eliminate foreclosure fees on personal loans negatively impacts banks and NBFCs, especially housing finance companies. Likely responses include repricing yields and adjusting other fees. Banks may push fixed-rate retail loans or offer higher-risk adjusted deals for floating rates.

Indian non-bank lender IIFL Finance will likely see its annual earnings fall from a year earlier due to reduced net interest margins and higher credit costs, Fitch Ratings said on Monday.

Kotak Equities, after analyzing the pledged holdings of BSE-500 stocks, found that promoters of 69 BSE-500 companies had pledged a portion of their shareholdings as of the end of the December 31, 2024, quarter.

The global energy sector is experiencing a resurgence in nuclear energy, with forecasts predicting its capacity will triple by 2050. According to the International Energy Agency (IEA), investments in nuclear power are expected to exceed $2.9 trillion. A significant share of these investments will be allocated to small modular reactors (SMRs), which are anticipated to play a crucial role in the future of nuclear energy.

The rebound in rural demand, driven by a robust kharif harvest and a positive outlook for the rabi season, is expected to strengthen earnings in consumer-facing sectors.

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Market expert Milind Karmarkar sees growth in quick commerce, healthcare, and digital businesses. He remains cautious on IT stocks but favors REITs and InvITs for stability. He suggests midcaps for balanced growth and advises patience in investing. Insurance and pharma may benefit from rising per capita income. Strategic buying continues amid market shifts.

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Bitcoin continues to trade within a crucial technical range between $93,725 and $96,763. According to Sathvik Vishwanath, Co-Founder & CEO of Unocoin, a breakout above $97,000 could drive Bitcoin towards the $100,000 mark, with bullish momentum potentially extending to $130,000.

​Private lenders, high quality lenders, now become a significant part of our portfolio. Other than that, cement has been also a new addition as a sector in the portfolio over the recent times.

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